VATupdate

Share this post on

Regulations on the domestic reverse charge relating to valuable metals

Effective from 1 July 2022, government introduced a domestic reverse charge aimed at foreclosing schemes and malpractices to claim undue VAT refunds from SARS by vendors operating in the value chain relating to high-risk gold containing material, which includes secondary gold sources as well as certain mine dumps.

Source: bowmanslaw.com

Sponsors:

VAT news

Advertisements:

  • VATupdate.com